Dec 29, 2012 5:00am PST
? >> so in fact it very important to our foreign policy and we're exporting our way of thinking of intellectual property. >> this is treasury secretary tim geithner slamming china on exactly this. >> we're seeing china continue to be very, very aggressive in a tragedy that they started decades ago which goes like this, we want you to tell to our country, we want you to come produce here. if you want to come produce here, we want to you export from china. if you want to come to produce here, you need to transfer your technology to us. and they have made possible systematic stealing of intellectual property of american companies and have not been aggressive in putting in the protection for the intellectual property that everyone needs. >> this is one of the big objectives is making sure that there are legal agreements in place that are going to export our intellectual property regime. >> right. and economic espionage is something that could be draining america of economy. what i'm trying to get is a balance between the public access and the investors incentive and that's where we'